Established in 1999, GSA’s first Exemplary Leadership Award was given to Dr. Morris Chang, chairman and CEO of TSMC. Today, the Dr. Morris Chang Exemplary Leadership Award recognizes individuals for their exceptional contributions, exemplifying how their vision and global leadership have transformed and elevated the entire semiconductor industry. This year, we are pleased to announce Cadence CEO and Walden International Founder Lip-Bu Tan as the 2016 winner.

About Lip-Bu Tan

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Tan has served as President and CEO of Cadence Design Systems, Inc. since January 2009 and has been a member of the Cadence Board of Directors since February 2004. In 2015 and 2016, Cadence was named to FORTUNE’s list of the “100 Best Companies to Work For”. Tan founded Walden International in 1987 and currently serves as Chairman. Tan has been active in the venture capital industry for more than two decades. He specializes in cross border & early-stage technology investment. Prior to Walden International, he was Vice President at Chappell & Co. and held management positions at EDS Nuclear and ECHO Energy.

Tan is Co-Chairman of the Board of Directors of the Electronic System Design Alliance (ESD Alliance) and serves on the board of Global Semiconductor Association (GSA), as well as the boards of Ambarella Inc., Hewlett Packard Enterprise Co., and Semiconductor Manufacturing International Corp. He also serves on the Board of Trustees and the School of Engineering Dean’s Council at Carnegie Mellon University (CMU).

Tan holds an M.S. in Nuclear Engineering from Massachusetts Institute of Technology, an M.B.A. from the University of San Francisco, and a B.S. in Physics from Nanyang University in Singapore.

Read the full press release here.